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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.15-1.0%Dec 1 3:59 PM EST

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To: Maurice Winn who wrote (8948)12/28/1999 5:22:00 PM
From: Kunal Taravade  Read Replies (1) of 29987
 
The price is NOT right.

$1500 for a phone set is ridiculous, even if the target market is a specialized niche. For global acceptance, the price (cost of manuf) has to come down, or G* has to start giving phones away in order to boost service. This is a time tested marketing plan that has been successful repeatedly this decade and should be adopted asap by G*.

Kunal
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